Which of the Following Statements About Budget Acceptance in an Organization

question 95

Multiple Choice

Which of the following statements about budget acceptance in an organization is true?

• A) The most widely accepted budget by the organization is the one prepared by top management.
• B) The most widely accepted budget by the organization is the one prepared by the department heads.
• C) Budgets are hardly ever accepted by anyone except top management.
• D) Budgets have a greater chance of acceptance if all levels of management have provided input into the budgeting process.

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Definitions:

NewSQL Systems

A class of modern relational database management systems that seek to provide the scalability of NoSQL systems while maintaining the ACID guarantees of a traditional database system.

Autonomy

The right or condition of self-government, or in a more general sense, the capacity of an individual to make an informed, un-coerced decision.

Consistency

The quality of achieving a level of performance or standard, which does not vary greatly in quality over time.

Independence

The state of being self-sufficient and not influenced or controlled by others, often applied to countries, individuals, or organizations.